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Prices for sites in Meath

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  • 02-11-2013 9:56pm
    #1
    rodge123
    Registered Users Posts: 1,454 ✭✭✭


    Hi All

    I'm looking at purchasing a site of 0.5 to 1 acre in county Meath.
    A lot of 1 acre sites seem to be priced either side of the 100k mark by a little.

    Has anyone experience of purchasing a site of this size in the last few years?
    If so, was there a big difference in the asking price vs what you paid it for in the end?

    i.e. Are they chancing their arm!

    Maybe it's just me but 100k seems a little pricey for 1 acre?

    Thanks
    Tagged:


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    #2
    zac8
    Registered Users Posts: 530 ✭✭✭zac8


    Just gone sale agreed on a 3 acre site in south Louth on the border with Meath. They were looking for 150k which was ridiculous. I offered 45k and we settled at 51k. I don't know why but asking prices for sites around here haven't really come down much since the boom. If you're a cash buyer then you should be able to get a good deal.


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    #3
    rodge123
    Registered Users Posts: 1,454 ✭✭✭rodge123


    zac8 wrote: »
    Just gone sale agreed on a 3 acre site in south Louth on the border with Meath. They were looking for 150k which was ridiculous. I offered 45k and we settled at 51k. I don't know why but asking prices for sites around here haven't really come down much since the boom. If you're a cash buyer then you should be able to get a good deal.


    Wow, that's a huge reduction from the asking price. Fair play Zac.

    I saw a 1.2 acres site but it had an asking price of 135k which I also though was ridiculous.

    After your feedback I may enquire and try a cheeky 40k offer!

    Any tips/advice on how you approached making an offer so far below the asking price?
    Did you deal with the land owner or was it through an estate agent?

    Thanks


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    #4
    zac8
    Registered Users Posts: 530 ✭✭✭zac8


    rodge123 wrote: »
    Any tips/advice on how you approached making an offer so far below the asking price?
    Did you deal with the land owner or was it through an estate agent?

    I dealt with an agent. I think you might find most agents will be more realistic than land owners. I don't think I got a bargain, just a fair price. There's a very limited number of people who are in a position to build, especially if you are in a local needs area.


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